DDD potential day trade Short

3D Systems CorporationNYSE

Description

⋅ May 4, 2016 4:46 PM

Analysis is bearish on the daily. DDD is breaking the 50 ema on the daily. Volume was light on this retracement. DDD had a nice bearish afternoon roll over yesterday. Hoping for another one today.

Comments

Reallifetrading

⋅ May 4, 2016 5:17 PM

Moving stop to break even.

G13Man

⋅ May 4, 2016 5:52 PM

are you using options ? weekly?
if not , have u considered a trailing stop being as the trend over all is down !

Reallifetrading

⋅ May 4, 2016 5:54 PM

This was a day trade. Using shares. Snagged 2R on it. I'm done with DDD for the day. :-) Looking for a retest on the daily chart. Earnings coming up